Real Estate in Alaska

The Division of Occupational Licensing of the Department of Commerce, Community and Economic Development staff the offices of the State of Alaska Real Estate Commission in Anchorage, Alaska.

The commission oversees the regulations that govern the practice of real estate in Alaska. They can issue three kinds of licenses: a real estate salesperson license, a real estate broker license, and a real estate associate broker license.

They define these titles as follows:
  • A person holding a salesperson license works for a real estate broker as an employee or an independent contractor.
  • A person holding a broker license operates his own real estate business or acts as a broker for a partnership or corporation.
  • A person holding an associate broker license has met the qualifications to be a broker but continues to work in association with another broker.

Requirements for Becoming a Real Estate Salesperson in Alaska

In order to become a real estate agent in Alaska, regardless of the license type, you must pass the appropriate exam and apply for licensure within six months of passing the exam. You also have to pay the appropriate fees and meet the educational requirements. You cannot be under indictment for any type of felony that implies character untrustworthiness. Also, if you are not in substantial compliance with a child support order, you may not be issued a license.

Also, you must be at least 19 years old and work for a real estate broker licensed in Alaska. If you were ever convicted of a felony, you must have served the complete sentence. To obtain a salesperson license you applicant must also complete 20 classroom hours of approved real estate pre-licensure courses.

Requirements for Becoming a Real Estate Broker in Alaska

In order to become a real estate broker in Alaska you must meet the basic requirements listed above for agents, and must have completed 24 consecutive months within the last 48 as a licensed salesperson, and real estate must have been your primary occupation. If you hold a broker license you must either own a real estate business or work as the broker for a partnership or corporation. If you have been convicted of a felony that implies character unworthiness you will not be granted a license until seven years after the complete sentence has been served.